Fyffes 2008 profit before tax after adjustments falls to €128,000 from €13.2 million
Mar 10th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Fruit distributor Fyffes today reported pre-tax profits for 2008, excluding the share of its property spin-off Blackrock International's results and exceptional items, rose to €31.5m from €10.2m in 2007. Revenues for the year rose by 7% from €708.9m to €758.2m, reflecting contributions from acquisitions made during the year and higher average banana prices. Earnings before interest and tax fell to €15.3m from €17.4m. Profit before tax, after adjustments fell to €128,000 from €13.2 million in 2007.